Monday, June 6, 2011

D-Day in Progress: Paper Sells Off, Silver Up for the Day

Has a dumping of paper silver holdings in exchange for physical metal commenced?  We called for a dumping of paper silver holdings today in exchange for physical silver in an attack on the cartel.  The silver market is so small that even a small campaign has the potential to make a significant impact on the silver market.
Check out a few of the popular gold and silver stocks today compared to action in the general stock market, and the COMEX futures silver market: notice how the Dow is roughly flat on the day, and silver even after an afternoon sell-off remains positive on the day, vs a drubbing in gold and silver stocks:


DJI - Dow Jones Industrial Average (Dow Jones Indices)‎


12089.96 -61.30‎ (-0.50%‎)  Jun 6 4:05pm ET
 













GPL - Great Panther Silver Limited (AMEX)‎


2.74 -0.17‎ (-5.84%‎)  Jun 6 4:00pm ET
 












AUY - Yamana Gold Inc. (USA) (NYSE)‎


12.15 -0.48‎ (-3.80%‎)  Jun 6 4:00pm ET
 












AG - First Majestic Silver Corp. Ordinary Shares (Canada) (NYSE)‎


18.66 -0.77‎ (-3.96%‎)  Jun 6 4:00pm ET
 












SLW - Silver Wheaton Corp. (USA) (NYSE)‎


33.65 -1.52‎ (-4.32%‎)  Jun 6 4:03pm ET
33.64-0.01‎ (-0.03%‎)  After Hours












SSRI - Silver Standard Resources Inc. (USA) (NASDAQ)‎


27.28 -0.80‎ (-2.85%‎)  Jun 6 4:00pm ET
27.28+0.00‎ (0.00%‎)  After Hours













Keep on the attack guys! With APMEX selling US Silver Eagles for $3.99/oz over spot ANY QUANTITY and FREE SHIPPING for D-Day only, we have a huge opportunity to inflict some significant damage on the Banksters!